Uncover the differences between the gambling laws of the two sports market powerhouses in Africa, South Africa and Nigeria through our inclusive guide.
The increasing rate of internet use in both South Africa and Nigeria has aided in boosting the gambling industry making Nigeria and South Africa the two biggest sports market in Africa. The population in Nigeria is three times the size of South Africa but have a similarity in their growing number of people who love and enjoy sports especially football.
The National football team in Nigeria has so far seen its golden era, with the country topping the ranks amongst the highest rated leagues in the continent. And in the event of the next World Cup, Nigeria is predicted to be in the lead in competitors within Africa. While South Africa had great success when hosting the 2010 World Cup, the country’s national team may not be on this level yet.
According to Punchng:
the men’s Nigerian national team is seeing a new golden generation develop, with the country easily being among the highest-rated from the continent. When the next World Cup arrives, many see Nigeria as likely being the leading African competitors. While the South African national team may not be at that level just yet, their overwhelmingly successful hosting of the 2010 World Cup certainly ignited the nation.
With a growing number of the sports-loving population, sports betting has had an increase and both countries already have established laws and regulations to boost safe gambling ethics while the gambling industry thrives. Although, the approach on the laws and regulation in both countries are different. In Nigeria, The National Lottery Regulatory Commission takes charge of all betting activities in the country such as giving out gambling licenses, running lotteries and watching over sports betting operators. However, the laws are not clear on the regulations on online gambling, although the commission is in charge of this as well. Recently, a bill was passed by the House of Assembly in Lagos State which will improve the current law governing State Lottery and Gaming.
Sports betting is a very competitive market in Nigeria, but luck-based games such as roulette tables, the game of dice and card games are prohibited by the commission and in light of this, most online casinos gaming operators cannot thrive in Nigeria.
South Africa was the first country to create gambling regulations in Africa, and the rules and regulations are very clear. The National Gaming Board are in charge of gaming activities and put out regulations for the National gambling industry. However, there are gaming boards in every nine provinces, Sports betting is generally practiced round the country and horse racing has maintained its popularity over the years and has become an integrated part of the online sports betting industry.
Online casinos can carry out operations if they have obtained licensing from the National Gaming Board, this has helped create a list of reputable online casinos in South Africa and just the handful that offers gaming in ZAR have gained popularity. Unlike Nigeria, gaming platforms are free to provide services in all forms including roulette and slots.
About SiGMA Europe:
SiGMA Europe will take place on April 13-15, 2021. Europe remains a leading market for gaming, making this the perfect opening gaming show for 2021. Join us for the 7th edition of SiGMA at the MFCC - Malta Fairs & Conventions Centre, and explore how you can benefit from being a delegate, a sponsor, an exhibitor or a keynote speaker.